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Economic News Reports

The Fed's latest rate cut means there's a bigger risk the US economy will overheat, market vet Ed Yardeni said.
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Source:markets.businessinsider.com


Posted: 2024-09-24 07:12:00

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IMF Video: Coming Soon: 2024 IMF-World Bank Annual Meetings

Coming Soon: 2024 IMF-World Bank Annual Meetings
Play Video: Coming Soon: 2024 IMF-World Bank Annual Meetings


With the global economy stuck in low gear, policymakers around the world face tough choices on the actions needed to create better economic outcomes and opportunities for people. At the 2024 IMF-World Bank Annual Meetings, 190 member countries will come together to discuss these shared challenges. Join us October 21-26 to gain insights on how to help future-proof the global economy by addressing crisis legacies, continuing progress on restoring price stability, rebuilding policy space, preserving the benefits of integration, and strengthening the foundation for future growth.  https://meetings.imf.org

Published: 1st Oct 2024 08:49:49   By: IMF

IMF Video: Resilience in the Face of Change | IMF Annual Report 2024

Resilience in the Face of Change | IMF Annual Report 2024
Play Video: Resilience in the Face of Change | IMF Annual Report 2024


JUST RELEASED: The IMF’s 2024 Annual Report highlights key global economic challenges, from inflation to climate change, and how the IMF is responding. Explore our lending programs, economic surveillance, and capacity development initiatives. Read the report here: https://www.imf.org/external/pubs/ft/ar/2024/?cid=sm-com-comms-ar2024-lkd-internationalmonetaryfund-en-spotlight

Published: 25th Sep 2024 03:50:00   By: IMF

IMF Video: 2024 Michel Camdessus Central Banking Lecture

2024 Michel Camdessus Central Banking Lecture
Play Video: 2024 Michel Camdessus Central Banking Lecture


ECB President Christine Lagarde delivers the 2024 Michel Camdessus Central Banking Lecture, followed by a one-on-one conversation with IMF Chief Kristalina Georgieva. Sep. 20 at 10:50 AM ET (2:50 PM GMT)

Published: 21st Sep 2024 04:22:04   By: IMF

IMF Video: Africa Perspectives: Charting Democracy and Development in Africa

Africa Perspectives: Charting Democracy and Development in Africa
Play Video: Africa Perspectives: Charting Democracy and Development in Africa


In a wide-ranging Africa Perspectives discussion, Professor Emmanuel Gyimah-Boadi of Afrobarometer shared his insights on the state of democracy and development in Africa. While noting progress across the region, he emphasized the need to continue strengthening institutions and improving governance to meet citizens' expectations. Key issues include election quality, civil society engagement, and economic management. https://www.imf.org/en/News/Seminars/Conferences/2022/06/10/africa-speaker-series

Published: 9th Sep 2024 12:31:53   By: IMF

IMF Video: لتقييم السنوي لصندوق النقد الدولي لعام 2024 للاقتصاد السعودي

لتقييم السنوي لصندوق النقد الدولي لعام 2024 للاقتصاد السعودي
Play Video: لتقييم السنوي لصندوق النقد الدولي لعام 2024 للاقتصاد السعودي


شهدت المملكة العربية السعودية نمواً غير نفطي قوياً بنسبة 3.8% في عام 2023، مدفوعاً في الغالب بالاستهلاك الخاص والاستثمار. ومع ذلك، انكمش الاقتصاد بنسبة 0.8%، مما يعكس انخفاض إنتاج النفط والتخفيضات الطوعية لإنتاج النفط. يسير التحول الاقتصادي غير المسبوق في المملكة في ظل رؤية 2030 بشكل جيد، لكن المملكة لا تزال بحاجة إلى مواصلة زخمها الإصلاحي.

Published: 6th Sep 2024 05:52:42   By: IMF

World Economic Forum Video: SDIM24 - AI for Global Good

SDIM24 - AI for Global Good
Play Video: SDIM24 - AI for Global Good


Generative AI holds the potential to transform a broad range of economic activities and to help address the world's most pressing development challenges. However, the benefits of this technological revolution are not yet shared by all globally. What actions can policy-makers and innovators take now to realize AI's promise while ensuring that its benefits lead to shared prosperity for all? This session was recorded live September 23, 2024 during the World Economic Forum’s Sustainable Development Impact Meetings.  You can watch it here: https://www.weforum.org/events/sustainable-development-impact-meetings-2024/sessions/ai-for-global-good/ Speakers: Yann LeCun, Vice-President and Chief Artificial Intelligence (AI) Scientist, Meta Crystal Rugege, Managing Director, Centre for the Fourth Industrial Revolution (C4IR) Rwanda Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Office of the Prime Minister of the United Arab Emirates Sabastian Niles, President and Chief Legal Officer, Salesforce Landry Signé, Senior Fellow, Global Economy and Development Program, Brookings Institution Links: Centre for the Fourth Industrial Revolution: https://centres.weforum.org/centre-for-the-fourth-industrial-revolution/home

Published: 30th Sep 2024 11:40:16   By: World Economic Forum

World Economic Forum Video: Tech Shows Impact of Climate Change & Debt Plan to Save Coral Reefs | WEF | Top Stories of the Week

Tech Shows Impact of Climate Change & Debt Plan to Save Coral Reefs | WEF | Top Stories of the Week
Play Video: Tech Shows Impact of Climate Change & Debt Plan to Save Coral Reefs | WEF | Top Stories of the Week


This week's top stories of the week include: 0:15 How investment advice is changing – ‘The film is a rollercoaster ride into the last few years of how technology is changing our relationship to money’, says Chris Temple, director of This Is Not Financial Advice, a documentary that follows four online investors, including one who made - and lost - millions in crypto. 5:56 New tech reveals the impacts of climate change – Using AI, we can process Earth Observation (EO) data faster. Helping us monitor disaster impact in hours, not days. AI is also improving climate and weather forecast models. Through AR and VR, engineers are transforming these complex datasets into interactive, intuitive experiences that can help leaders make climate decisions. 7:39 This debt plan can save coral reefs – The deal reduces Indonesia’s debt repayments to the US by $35 million over the next 9 years and redirects those payments towards reef conservation instead. Indonesia is home to 16% of the world’s coral reefs and around 60% of the world’s coral species. Its reefs generate around $1.6 billion in value every year through fisheries, coastline protection and tourism. But Indonesia’s reefs face a range of threats. 9:21 Ray Dalio on funding climate action – By 2050, climate damage could cost between $1.7 trillion and $3.1 trillion per year. However, the costs of inaction could be even greater, says Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates. Right now, climate action is hugely under-financed. _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 28th Sep 2024 12:00:19   By: World Economic Forum

World Economic Forum Video: Valuing Nature's Assets

Valuing Nature
Play Video: Valuing Nature's Assets


Nature is increasingly integral to business decision-making, with more than half of the world’s GDP reliant on its resources. From assessing nature-related risks to investing in sustainable practices that drive growth, what nature-positive strategies are private sector actors embracing as core elements of their business models?

Published: 27th Sep 2024 03:34:50   By: World Economic Forum

World Economic Forum Video: How bridging design gaps in science and tech can tackle gender bias

How bridging design gaps in science and tech can tackle gender bias
Play Video: How bridging design gaps in science and tech can tackle gender bias


Gaps in the design of everything from AI to pharmaceuticals lead to everything from safety risk to poor health outcomes. Nigina Muntean, the chief of innovation at the United Nations Population Fund, is looking to fix this, making research and design more inclusive for everyone. Her agency launched the Equity 2030 Alliance last year bringing together leaders in tech and pharma and other sectors to share best practices. Its experts in academia, government and business come together to help advocate for new standards in equitable investment, and to champion more gender-inclusive approaches to tech and design. The group is coming upon its first year anniversary which it celebrated during this year's UN General Assembly Week in New York City. Nigina is also a former physician and a public health expert who understands how investments in research and design impact the lives of everyday people, especially those with the least resources. She shares her first-hand perspectives on what’s needed tackle bias in design and what any leader should keep in mind. More about this episode:  2030 Equity Alliance: https://www.unfpa.org/equity-2030-alliance 2024 World Economic Forum Global Gender Gap: https://www.weforum.org/publications/global-gender-gap-report-2024/ 2024 Sustainable Development Impact Meetings: https://www.weforum.org/events/sustainable-development-impact-meetings-2024/ Related podcasts: Cyber has a skills gap. How approaches to tech, hiring – and retaining women - can help: https://www.weforum.org/podcasts/meet-the-leader/episodes/petra-jenner-splunk-cyber-skills-gap/ Build a culture of innovation: HPE's CTO shares what must be in place: https://www.weforum.org/podcasts/meet-the-leader/episodes/fidelma-russo-innovation-cto/      

Published: 26th Sep 2024 10:19:19   By: World Economic Forum

World Economic Forum Video: How one founder's design background is helping to rethink EV charging in cities

How one founder
Play Video: How one founder's design background is helping to rethink EV charging in cities


After the pandemic, Tiya Gordon realized the next global crisis would be climate based. To that end, she’s co-founded It’s Electric, a curbside solution that takes power from buildings, sidestepping the currently time-consuming permitting and installation process that slows the growth of charging stations in cities around the world. She shares how her design background has helped her be clear-eyed on objectives, identify fresh approaches and break down stubborn barriers, all to speed the change needed for the energy transition.  To learn more: Guest: https://www.itselectric.us/Report: Scaling Investment in EV Charging: A Policy Roadmap for Cities (https://www.weforum.org/publications/scaling-investment-in-ev-charging-a-policy-roadmap-for-cities/) Related podcasts: An energy company is building the world's largest airplane. Here's why: https://www.weforum.org/podcasts/meet-the-leader/episodes/mark-lundstrom-radia-climate-change/ 7 top innovators share strategies that drive cutting edge solutions: https://www.weforum.org/podcasts/meet-the-leader/episodes/top-innovator-strategies-tactics/

Published: 26th Sep 2024 06:19:21   By: World Economic Forum

Business Video: Red Lobster’s new CEO explains what went wrong with endless shrimp

Red Lobster’s new CEO explains what went wrong with endless shrimp
Play Video: Red Lobster’s new CEO explains what went wrong with endless shrimp


Embattled Red Lobster has a new CEO, and he’s just 35 years old. CNN reporter Nathaniel Meyersohn sat down with Damola Adamolekun over some shrimp and lobster tail to chat the future of the seafood company and the young CEO’s approach to work. #cnn #news #redlobster Shot by Zach Wasser, Benjamin Evans, FJ Feng Editor/Producer: John General Senior Producer: Alexandra King Reporter: Nathaniel Meyersohn

Published: 4th Oct 2024 03:00:54   By: CNN

Business Video: Telegram CEO’s arrest sparks debate over free speech online

Telegram CEO’s arrest sparks debate over free speech online
Play Video: Telegram CEO’s arrest sparks debate over free speech online


The detention of the Russian-born billionaire founder of Telegram, a messaging app known for its unfiltered content, has sparked debate about freedom of speech and illegal content on the internet. Pavel Durov, 39, was detained at Paris’s Bourget Airport Saturday on a warrant related to Telegram’s lack of moderation. CNN’s Clare Duffy, and then senior researcher at the University of St. Gallen Matias Dewey, join Richard Quest to discuss. #CNN #news Want to stay up to date on the day's top stories? Sign up for CNN's 5 Things newsletter, and we'll give you the 5 biggest stories you need to know, videos people are watching, and more! Sign up here: https://www.cnn.com/newsletters/5-things?source=nl-acq_social_youtubedesc&utm_source=nl-acq_social_youtubedesc

Published: 26th Aug 2024 10:18:55   By: CNN

Business Video: The Fed just sent a crucial message about its next move

The Fed just sent a crucial message about its next move
Play Video: The Fed just sent a crucial message about its next move


America’s top central banker has unambiguously signaled that lower interest rates are finally on the horizon, marking a crucial milestone for the Federal Reserve’s historic — and, so far, successful — inflation fight. CN’s Matt Egan and Julia Chatterley report. #CNN #News Want to stay up to date on the day’s top stories? Sign up for CNN’s 5 Things newsletter, and we’ll give you the 5 biggest stories you need to know, videos people are watching, and more! Sign up here: https://www.cnn.com/newsletters/5-things?source=nl-acq_social_youtubedesc&utm_source=nl-acq_social_youtubedesc

Published: 23rd Aug 2024 04:56:24   By: CNN

Business Video: LinkedIn billionaire says it'd be 'bold' to have this fellow billionaire as VP

LinkedIn billionaire says it
Play Video: LinkedIn billionaire says it'd be 'bold' to have this fellow billionaire as VP


LinkedIn Co-Founder Reid Hoffman tells CNN's Matt Egan why he's supporting Kamala Harris and who he'd like to see on her ticket. #CNN #News Want to stay up to date on the day’s top stories? Sign up for CNN’s 5 Things newsletter, and we’ll give you the 5 biggest stories you need to know, videos people are watching, and more! Sign up here: https://www.cnn.com/newsletters/5-things?source=nl-acq_social_youtubedesc&utm_source=nl-acq_social_youtubedesc

Published: 25th Jul 2024 03:26:12   By: CNN

Business Video: 'We're screwed': Stranded passenger frustrated at tech outage


Play Video: 'We're screwed': Stranded passenger frustrated at tech outage


CNN's Tom Foreman gives the latest updates on the tech disruptions worldwide that have hit banks, businesses, emergency services, and even airlines. One frustrated passenger tells CNN affiliate KDKA how hard they have been affected. #CNN #news Want to stay up to date on the day’s top stories? Sign up for CNN’s 5 Things newsletter, and we’ll give you the 5 biggest stories you need to know, videos people are watching, and more! Sign up here: https://www.cnn.com/newsletters/5-things?source=nl-acq_social_youtubedesc&utm_source=nl-acq_social_youtubedesc

Published: 19th Jul 2024 02:40:59   By: CNN

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Economy News: The stock market rally risks sparking an unsustainable 'melt-up' as the economy overheats, market vet Ed Yardeni says - Newscast

Chinese stocks could rally 15% as more stimulus spurs a GDP growth spurt next year, SocGen says

Fri, 04 Oct 2024 12:04:00 GMT Fiscal stimulus in China could help boost the world's second-largest economy to 5% GDP growth next year, SocGen analysts predicted.

China’s 30% Stock Rally Has An Economic Problem

Fri, 04 Oct 2024 08:38:00 GMT Gaining on them is economic reality that has many wondering if the more than 30% surge in equities from a September low is overdone. The problem is an underlying economy facing intensifying headwinds.

Boom or bust ahead? Is it time for China to sober up after the stock rally?

Thu, 03 Oct 2024 05:47:00 GMT Beijing's substantial stimulus measures have led to a week-long stock rally. However, worries about a potential stock market crash are rising. Economist urge caution and predict more fiscal measures ...

Stock-market rally built on hopes for more big Fed rate cuts faces crucial test

Mon, 30 Sep 2024 04:25:00 GMT Stock-market investors got what they wanted when the Federal Reserve delivered an extra-large September rate cut — the risk now is that strong jobs data in the week ahead could be too much of a good ...

China's stimulus package might not be enough to fix its economy, but it sent stock markets 8.5% higher — a gain not seen since 2008

Mon, 30 Sep 2024 02:24:00 GMT Thanks to last week's stimulus, China's stock market saw its best month in nearly a decade.


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